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The Somali Shilling (SOS) is the official currency of Somalia, issued by the Central Bank of Somalia. It was first introduced in 1962, replacing the East African Shilling at par. The Somali shilling has suffered severe depreciation due to decades of political instability, civil war, and lack of a strong central government. In many regions, especially in Somaliland and Puntland, alternative currencies such as the U.S. Dollar (USD) and the Ethiopian Birr (ETB) are widely used. The shilling is subdivided into 100 centesimi, but coins and small denominations are rarely used. Banknotes commonly found in circulation include SOS 1,000 to SOS 5,000.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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